Kendall 2 Chairs—Turnkey, Prime Location Dental Office

Miami, FL

$145,000

Listing ID

FL4815

Specialty

Jump-Start Dental Office

Asking Price

$145,000

Operatories

2 Ops

Floor Space

850 sqft

Details SOLD

Kendall Office: Prime Strip Retail location facing N Kendall Dr, offered by a retiring dentist. The practice features 2 operatories and room for expansion. It operates 4 days per week, averaging 5 hours per day, with annual collections from PPO and FFS (fee-for-service) below $200K. The office encompasses 850 SF of rentable space and pays a monthly gross rent of $2,100.

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Acquisition Price

The total purchase price of the practice.

Down Payment

Cash contribution towards the purchase.

Loan Amount

The total capital amount required for the acquisition or project, including working capital.

Rate (%)

Estimated annual interest rate. Current commercial practice rates typically range from 7-9%.

Term (Yrs)

The amortization period of the loan. 10 years is standard for practice acquisitions.

Collections

The annual gross revenue collected by the practice before any expenses.

$800k

Overhead %

Total operating expenses expressed as a percentage of revenue. Typically 55-65% for general practices.

60%

Personal Annual Debt

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Est. Monthly Payment

$9,100/mo

DSCR Ratio --x

Debt Service Coverage Ratio (DSCR) measures the practice's ability to pay debt with cash flow. Lenders typically require >1.25x.

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